Other Conflict Mineral Regulations and Standards

In addition to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the European Union (EU) conflict mineral rule, there are a range of other regulations and standards companies and their suppliers may need to comply with. These include, but are not limited to:

  • The EU Non-Financial Reporting Directive: Requires companies to produce corporate social responsibility disclosures on matters relating to the environment, social and employee issues, workplace diversity, human rights (including conflict minerals) and anti-bribery and anti-corruption (ABAC) in order to increase transparency and accountability.
  • Emerging Chinese conflict mineral guidelines: China is advancing its efforts to address conflict mineral issues by incorporating the Organisation for Economic Cooperation and Development (OECD)’s responsible minerals guidance into a national standard (called the “Standard”), and by creating legally binding oversight and a supervision rule (called the “Rule”). Both the standard and the rule are expected to be published by the end of 2017.
  • The IPC-1754, 1752A and 1755 standards: Various standards relating to conflict mineral compliance, with which companies and suppliers may be asked to align to secure contracts, membership in particular trade groups and more.
  • Corporate social responsibility (CSR) and environmental and social governance (ESG) programs.
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